ICTY (Eyecity.com) Cash-to-Debt: 0.03 (As of Dec. 2001)

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What is Eyecity.com Cash-to-Debt?

Eyecity.com ICTY Cash-to-Debt is 0.03 as of Dec. 2001.

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Eyecity.com's cash to debt ratio for the quarter that ended in Dec. 2001 was 0.03.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Eyecity.com couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2001.

The historical rank and industry rank for Eyecity.com's Cash-to-Debt or its related term are showing as below:

ICTY's Cash-to-Debt is not ranked *
in the Diversified Financial Services industry.
Industry Median: 11.175
* Ranked among companies with meaningful Cash-to-Debt only.

Eyecity.com  (OTCPK:ICTY) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Eyecity.com Cash-to-Debt Related Terms

Eyecity.com Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Eyecity.com's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Eyecity.com Cash-to-Debt Chart

Eyecity.com Annual Data
Trend Dec99 Dec00 Dec01
Cash-to-Debt
0.12 0.03 0.03

Eyecity.com Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only 0.03 0.04 0.01 0.01 0.03

ICTY vs NLSC, BOTH, SVAD: Cash-to-Debt Comparison

For the Shell Companies subindustry, Eyecity.com's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Eyecity.com Cash-to-Debt vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Eyecity.com's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Eyecity.com's Cash-to-Debt falls into.


Eyecity.com Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Eyecity.com's Cash to Debt Ratio for the fiscal year that ended in Dec. 2001 is calculated as:

Cash to Debt Ratio= Cash, Cash Equivalents, Marketable Securities / Total Debt
= Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=0.009 / (0.292 + 0)
=0.03

Eyecity.com's Cash to Debt Ratio for the quarter that ended in Dec. 2001 is calculated as:

Cash to Debt Ratio= Cash, Cash Equivalents, Marketable Securities / Total Debt
= Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=0.009 / (0.292 + 0)
=0.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.03 mean?
Eyecity.com (ICTY) has a Cash-to-Debt of 0.03 as of Dec. 2001.
Is Eyecity.com's Cash-to-Debt too high?
Eyecity.com's current Cash-to-Debt is 0.03. The Diversified Financial Services industry median Cash-to-Debt is 11.18. Eyecity.com's value of 0.03 is 99.7% below this industry median.
How does Eyecity.com's Cash-to-Debt compare to NLSC and BOTH?
Eyecity.com's Cash-to-Debt of 0.03 can be compared against companies in the Diversified Financial Services industry. The industry median Cash-to-Debt is 11.18. Eyecity.com's value of 0.03 is 99.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Diversified Financial Services company?
The median Cash-to-Debt among Diversified Financial Services companies is 11.18, based on 474 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eyecity.com's current Cash-to-Debt of 0.03 is 99.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Diversified Financial Services industry, the median Cash-to-Debt is 11.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eyecity.com's current Cash-to-Debt is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eyecity.com stock overvalued right now?
Eyecity.com (ICTY) has a current Cash-to-Debt of 0.03. The current Cash-to-Debt is 0.03 and 99.7% below the Diversified Financial Services industry median of 11.18. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Eyecity.com (ICTY), the current Cash-to-Debt is 0.03 as of Dec. 2001. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Eyecity.com Business Description

Address 5230 Land of Lake Boulevard, Suite 431, Land of Lakes, FL, USA, 34639
Eyecity.com Inc has formed a joint venture (JV) with an existing multimedia generation company, focusing on monetizing celebrity contacts and content by leveraging proprietary marketing tools and tested strategies to increase promotions, drive awareness, and expand audiences. The company has acquired two real estate projects in Brazil for development and is working to advance those projects. It has also acquired a note and intellectual property related to the Smart City business.